The Oregon Coast Bank Board of Directors has selected Lance Nunn as the bank’s new president and chief executive officer.

After the extensive search, Board Chair Andrea Langeliers said, “We are looking forward to Lance joining our team at Oregon Coast Bank. His steady leadership style will shine here. The board was impressed with his experience both as a community banker and bank regulator.” Nunn will start in his new position in early October.

Born and raised in Philomath, Nunn earned a Bachelor of Science degree in business administration at Oregon State University and a Master of Science degree in financial analysis at Portland State University. He also has completed nine federal and state banking examination schools and the Graduate School of Banking at Colorado, where he returns annually to teach a Bank Management Simulation course to emerging leaders in community banking.

Nunn’s career in banking began 20 years ago while he was attending college, working as a financial service representative for Oregon State Credit Union. After graduation, he entered Citizens Bank’s management training program, first serving as a teller and new accounts representative before becoming a credit analyst, interim branch manager and eventually a commercial loan officer.

In 2011, he joined the State of Oregon Division of Financial Regulation, performing safety and soundness examinations for Oregon’s state-chartered banks, including the three banks headquartered on the Oregon coast. Serving the state for seven years, Nunn managed examination teams, mentored and developed examination staff and served on the Consumer Protection and Transition steering committees.

During 2018, Nunn accepted an offer to return to community banking as an executive of Lewis & Clark Bank in Oregon City, serving as credit and risk director and chief operating officer. In these roles, he coordinated the acquisition of another community bank and was the primary manager responsible for integrating the banks’ systems and operations. During the pandemic, Nunn provided instrumental leadership of the bank’s SBA Payment Protection Program loan effort, helping Oregon businesses obtain more than $111 million in federal funding.

Lance and his wife, Jaylyn, have deep-rooted connections to the central Oregon coast. Growing up just 45 minutes from Newport, Lance spent extensive time crabbing in Yaquina Bay and surfing at Agate Beach and Otter Rock. Jaylyn grew up in Toledo, where her father was a teacher and coach in the Lincoln County School District for more than 20 years. Many of her brothers and sisters continue to live and work in the Newport/Toledo area, contributing to local education, health care, media, and performing arts.

The Nunns have five young children, and the family is excited to relocate back home to the Newport/Toledo area. As entrepreneurs, Lance and Jaylyn have launched three successful businesses. Jaylyn is currently an independent service provider for FedEx, leading a delivery fleet and more than 30 drivers.

Managing a bank while raising five children and being active in both the community and his church leaves little time for recreation, but Lance enjoys surfing (citing Lucky Gap on Agate Beach as his favorite wave), reading, working on cars and camping with his family.

“Lance’s track record in bank management, credit administration and lending is impressive,” Fred Postlewait, Oregon Coast Bank’s founding president/CEO (retired), said. “But what sets him apart and why the board chose him to lead our management team is that he shares our commitment regarding the responsibilities that a locally-owned bank has to the communities it serves.”

“Banking customers in our coastal communities want service, expertise and local decision-making. Oregon Coast Bank has historically done a great job delivering those values,” Nunn said. “We have exceptional, experienced bankers at each of our six Oregon Coast Bank offices. I’m excited to join that team and build on the bank’s success through increased involvement and investment in our communities, continual development of financial solutions that empower our customers, and commitment to the values and independence that have set Oregon Coast Bank apart as the premier financial solutions provider in each of its communities.”

Locally owned and operated, Oregon Coast Bank operates offices in Newport, Toledo, Waldport, Lincoln City, Pacific City, and Tillamook. The bank manages more than $423 million in assets and has provided over $800 million in loans to families and businesses in Lincoln and Tillamook counties.

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